July's Pops and Drops

As expected, August is already looking more difficult than July. After the first seven days of trading in July the Dow Industrials was up 2.5%, while after Friday's drop it is down 0.40%, so far in August. Stocks got a boost in July from the better-than-expected earnings but there are more cross currents ahead in August that may dampen some of the recent euphoria of stock investors. This may make it a more treacherous end to the summer so I continue to suggest that you don't leave on vacation wi...